Southend Worx 2

Southend Worx 2 is a 42,000 square foot class B flex/office building. The property is strategically located neighboring the fast-growing south-end submarket. The submarket is growing rapidly, vacancy across competitive properties is declining, rents are increasing and with infill flex properties the use will shift from flex/light assembly to quasi retail/showroom space securing higher rents.

Insite purchased the property at 92% occupancy in November 2020. Insite’s business plan is to rebrand and reposition the asset through a capital upgrade plan and rest the lower than market property rents to market ups lease expiration and convert the remaining gross leases to NNN.

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Insite Properties
1213 West Morehead Street | Suite 150
Charlotte, North Carolina 28208
Office: 704.344.8086

admin@insiteprops.com